A social media post is going viral that claims that any bank transaction exceeding Rs 10 lakh will be taxed @85 percent.A post is being circulated by an Instagram handle manjju.choudhary. Fact-checkin
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A huge amount of money belonging to ordinary bank customers is lying unused in India’s banking system simply because it hasn’t been claimed. According to a recent report by the Reserve Bank of India (
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Business
Cigarette, Gutkha Prices Set To Rise From 1 February 2026; Additional Excise Duty On Tobacco Products To Be Levied
The Ministry of Finance has notified a major revision in excise duty on cigarettes and tobacco products, effective February 1, 2026.According to the notification issued on Wednesday, the government ha
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Business
From Sukanya Samriddhi To PPF –Check Rate Of Interest Of All 13 Small Savings Scheme For January-March Quarter 2026
The government announced the interest rates for small savings schemes viz PPF, Senior Citizen Savings Scheme, Sukanya Samriddhi Scheme will remain for the fourth quarter of FY 2025-26.Interest rates o
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Business
Centre’s Fiscal Deficit In April-November At 62.3% Of Full Year Estimate, Govt Capex Goes Up
India's fiscal deficit in the first eight months (April-November) of the financial year 2025-26 was estimated at Rs 9.8 lakh crore, or 62.3 per cent of the budget estimate for the full financial year,
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India's economy continues to grow strongly on the back of robust domestic demand, despite persistent global challenges, according to the Financial Stability Report (FSR) of the Reserve Bank of India (
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